News Iraq Debt: The Times is overselling the impact of the Iraq debt deal
Getting agreement from the Paris Club creditors to write off 80% (in stages) of the $40 billion or so that Iraq owes them is no doubt a good thing — not the least because it lets the US (and Iraq) press the gulf states and private creditors who are owed another $85 billion or so […]
News Iraq Debt: Iraq’s finance minister, Adil Abdul Mahdi: Restructuring debt is top priority
Last year, at the IMF meetings in Dubai, the Iraqi delegation was led by Adil Abdul Mahdi. At the time, he was already a leader of the Supreme Council for the Islamic Revolution in Iraq, the leading ...
News Iraq Debt: Iraq restructures Saddam debt
About $14 billion of Saddam-era commercial debt was swapped into a $2.7 billion Eurobond that was issued in late January, after 100% of investors eligible to take part in the exchange accepted the ...
News Iraq Debt: Iraq domestic public debt surges 21% to 109.5 trillion dinars by July 2026
Central Bank of Iraq data shows domestic public debt expanded by 19 trillion dinars through July 2026, driven by Ministry of Finance obligations and state bank borrowing.
News Iraq Debt: Banker who helped revamp Iraqi debt leaves Deutsche Bank for IFC
Hussain Qaragholi, who helped restructure Iraq’s sovereign debt from the Saddam Hussein era while working at Citigroup Inc., has joined the International Finance Corp. Banker who helped revamp Iraqi ...
News Iraq Debt: Sinan al-Shabibi: Immortalizing the legacy of Iraq’s best
In Iraqi folklore, Saturday is both an ominous and auspicious day. Iraqis say it is Awwad —“repetitive” — and hence they prefer to postpone taking important decisions to other days of the week. For ...
News Iraq Debt: Iraq's credit rating lifts with final reparations payment to Kuwait
Iraq paid Kuwait a final installment of war reparations more than 31 years after the invasion of Kuwait, which may free up funds for new domestic projects.
